article thumbnail

Hyundai Motor Group and LG Energy Solution to invest additional $2B in Georgia battery manufacturing JV

Green Car Congress

Hyundai Motor Group and LG Energy Solution (LGES) will invest an additional $2 billion in their battery cell manufacturing joint venture (JV) at the Metaplant in Bryan County, raising the JV’s total investment value to more than $4.3 Battery related projects have accounted for at least $11 billion in investment.

Georgia 282
article thumbnail

Avass Group to manufacture EVs, lithium batteries in Saudi Arabia

Green Car Congress

Australia-based Avass Group recently signed an agreement with Saudi Arabia to jointly manufacture electric vehicles and lithium batteries. The agreement bolsters Avass Group’s plans to mass manufacture full electric buses and lithium batteries in Saudi. Allen Saylav, Group Chief Executive Officer at Avass.

article thumbnail

Volvo Group to produce battery modules in Ghent by 2025

Green Car Congress

In 2025, Volvo Group’s truck plant in Ghent, Belgium will start to produce battery modules. To date, partners supply both cells and modules to the Group. The battery module manufacturing line in Ghent will be able to use battery cells both from partners and from the planned battery cell plant in Sweden.

Volvo 396
article thumbnail

Liacon introduces new 12V Group 31 LFP battery with a 4000+ cycle life

Green Car Congress

Germany-based Liacon, one of Europe’s largest battery manufacturers, has released a new, more versatile lithium-iron-phosphate (LFP) battery that can replace all Group 31 lead-acid units. Group 31 batteries are one of the highest selling in the market. Meek, CEO of Liacon The new Group 31 LFP 12.8V

Lead Acid 435
article thumbnail

BMW Group to open Cell Manufacturing Competence Center this fall

Green Car Congress

The BMW Group will open its Cell Manufacturing Competence Center (CCMC) in the fall. With the emmission control approval procedure now completed, the necessary conditions are in place for commissioning of near-standard production of lithium-ion battery cells at the competence center in Parsdorf, outside of Munich.

BMW 259
article thumbnail

BMW Group announces local production of NEUE KLASSE in China from 2026, new gen 6 battery plant

Green Car Congress

The high-voltage batteries required for this will likewise be manufactured locally. The virtual ground-breaking for a new assembly site for high-voltage batteries also took place as part of the anniversary celebrations. Rendering of the future high-voltage battery assembly in Shenyang.

BMW 457
article thumbnail

Volkswagen to introduce electrode dry-coating in battery manufacturing; partnering with Koening & Bauer

Green Car Congress

Volkswagen’s PowerCo SE plans to introduce an electrode dry-coating manufacturing process in its battery cell production plants in Europe and Northern America. The new technology will significantly boost efficiency and sustainability in volume battery cell production. Electrodes will be dry-coated and calendered directly.